Over the course of the last few months, consumer spending and borrowing in the UK has continued to decline. In fact, spending fell by an estimated 0.2% in October, while the initial figures from Black Friday suggest that the total level of spending was also lower than expected.

This can make it difficult to fund big-ticket purchases, especially if you want to undertake on-going tasks such as renovating your home. Without borrowing money from an unsecured lender such as Likely Loans, you’ll need to adopt a frugal and creative approach if you’re to achieve your goals.

We’ll consider this in further detail below, while exploring three home renovation ideas that can be completed on a budget.

This has driven a return of minimalist design principles, which helps to optimise the sense of space in your home and help you to save money of fixtures and fittings throughout the property.

There’s also a number of creative techniques that you can utilise to optimise the storage at your disposal, including adding rods for hangers and attractive, handmade baskets that can be used to store random items.

This way, you can make the most of your closest space and improve the functionality of your home without spending huge amounts of cash.